Retement

  •  retirement employee at seventy

    In the current economic climate; questions about retirement are becoming a more common and often asked query.

    We received this query last week for example.

    “Hugh,

    I am a widow now 59 years old and have been working for nearly 18 years for the same company. The office manager recently came into my office and told me that I will have to retire when I am 60 as that is the age everyone retires from the company. I had heard that most people retired at 60; but was hoping that I could stay on till I was at least 65 so as to build more of a nest egg for myself. I was shocked and did not respond to him. Am I obliged to retire at age 60 or am I allowed to continue working till I am 65?”

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